Auto Warranty Companies Fight For Your Business

extended car warranty - The industry of auto warranty companies is actually a fiercely competitive one. You will find a limited number of cars on the road - granted, there are millions of them, and every one of them, at some time or still, has or experienced a warranty - however with the great number of companies fighting for that business of the drivers, this means that each car owner is the target of some very hungry sales reps.

This can be quite a daunting position to stay in to get a car owner. If you are investing in a new car from a dealership, or buying a used car, you will have people trying to sell you their warranty services.

In the dealership, you might encounter a pushy sales person that will try everything they are able to to obtain to sign on to have an extended warranty once you help make your initial purchase. There are good things about buying at that time, including obtaining the costs in the warranty rolled up into the financing for your car, and understanding that your dealership will continue to be the area to possess any repairs or replacements done. But these comforts could end up costing you hundreds or thousands of dollars in the long run. Sales agents make large commissions on warranties, so they're eager to help you get to sign up for one. If you sought out your own quotes from third-party extended warranty providers, but the price that is rolled into the financing will likely be a lot higher than it would. Granted, you will have to pay more up-front with those third-party companies, rather than adding a little number to your monthly car payment bills. But it could very well save you money.

But just as not all the car sales representative is out to rip you off, not all third-party providers are great guys, either. There are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors, but the conditions and terms of the warranties they offer. If a company won't let you review the warranty before you buy, don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road. Auto warranty companies will fight to gain you as a client, so use that to your benefit. Make a price comparison, examine all of the terms of the warranties offered, and tell the businesses you speak with “hey, cause me to the best offer.” If they can't, someone else will.